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Back Testing - Evaluating your Trading Strategy 101
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Back Testing - Evaluating your Trading Strategy 101
Backtesting of technical methods in light of past prices is the most popular testing strategy among technical traders.Below is a short list that will get you started;
1. How many trades does it generate?
..............................................
2. Whats the reliability of the system?
...............................................
3. How big is the average profit compared to the average loss?
.............................................................................
4. Many more..............
#Remember that you need enough data to create at least 30 trades in each test #
Please let me know if you would like to know more :)
Happy Trading
"success occurs when opportunity meets preparation" Zig Ziglar
Back Testing - Evaluating your Trading Strategy 101
Backtesting of technical methods in light of past prices is the most popular testing strategy among technical traders.Below is a short list that will get you started;
1. How many trades does it generate?
..............................................
2. Whats the reliability of the system?
...............................................
3. How big is the average profit compared to the average loss?
.............................................................................
4. Many more..............
#Remember that you need enough data to create at least 30 trades in each test #
Please let me know if you would like to know more :)
Happy Trading
"success occurs when opportunity meets preparation" Zig Ziglar
Follow your Trading plan, Remain disciplined and keep learning !!
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Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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